Your dream home may or may not be located within a Homeowner’s Association (HOA). Newer developments tend to have HOAs, but older developments can form them too. Condominium Associations are a form of HOA. An HOA sets policies for homeowners in terms of curb appeal, neighborhood conformity, and resident conduct: parties, pets, exterior colors, guest parking, etc. They also maintain a fund for the maintenance of common areas and amenities. This means members must pay dues.
Amenities maintained by an HOA may include:
Community Pool Community Fitness Center Clubhouse
Water Features Walkways
You need to know if you are buying in an HOA so you can budget for the dues. You should also review their rules and see if you can live with them, literally and figuratively.
Community Pool
Clubhouse
Walkways
Buyer Guide · 10
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